I'm beginning to understand why my Grandmother kept a stash of cash

[AllentownJake]

Buried in the backyard just in case....

[vadawg]

cash is good, so is ammo and guns, also some other stuff to barter

also having skills that can be bartered can get you through rough times, its been the same throughout every depression and collapse throughout history.

[MichaelHarris]

7. Both sets of my Grandparents lived through

the Depression, funny thing, none of them had to shoot anyone. They didn't know anyone who had to either.

[vadawg]

8. funny thing that, my grandparents have had to defend themselves and their families on numerous

occasions when times were bad, so i guess it evens itself up in the end, id much rather have a gun and know how to use it, than to need one and not have one.

[MichaelHarris]

9. your

grandparents had to shoot people for food and stuff?

[vadawg]

10. yup, back in the old days you had to defend what you had or there were people

willing to take it away from you,

[MichaelHarris]

11. must

have lived in some bad-ass places. I've studied a lot about the Great Depression and never once heard stories about people killing for food, rampant looting, raping and pillaging. I need to hit the books harder I guess.

[vadawg]

12. you think the great depression was bad, try looking to eastern europe late 1800's

early 1900's, thats the time period when my grandfather was jokingly calling himself a cowboy...

[Avalux]

1. Our grandparents lived through the Great Depression.

My grandmother had cash stashed everywhere and for good reason; she witnessed the worst. She did NOT trust the banks. She hated Reagan too, but that's a different story. :hi:

[blue_onyx]

2. My grandma keep money everywhere

In her dressers, in magazines/books, under the bed, and in the closet to name a few. It was never tons of money ($20-50) but we kept finding it when we cleaned out her condo.

[vadawg]

3. also never keep your eggs in one basket

have assets all over, just in case it gets real bad, if you can have land so at least you can grow food and mayby barter food or wood etc for other stuff, not that i think it will ever get that bad, but as i tell my wife better ready than hungry.

[femmocrat]

4. My in-laws did the same thing. I don't think we ever found it all.

They were so distrustful. They wouldn't put money in the bank because the didn't want to pay any taxes on the interest.

[earth mom]

5. Grandma wasn't born yesterday.

:thumbsup:

[dixiegrrrrl]

6. My grandmother did, so to speak.

They did not much trust government, actually, before the Depression.
Habit that stayed with her all her life, one my mother inherited.
When my mother died, I found small wads of money "tucked away" all over the house.

As to current times, I have found comfort in believing the opposite of what the government is saying about the economy of the nation. The more Turbo Timmy tries to reassure me about the safety of the banks, the less I trust his spiel. Esp. since we now know that the defaults are growing, since credit card and car loan debt was also bundled in those toxic assets and the failure rate of those loans is increasing daily. No way do the banks have enough in reserve to cover the extent of all those failed loans.